Question: Same question. Why is the answer wrong? Exerclse 8-10 (Static) Production and Dlrect Materlals Budgets [LO8-3, LO8-4] Feart Froducts Limited of Shenzhen, China, manufactures and

 Same question. Why is the answer wrong? Exerclse 8-10 (Static) Production

Same question. Why is the answer wrong?

Exerclse 8-10 (Static) Production and Dlrect Materlals Budgets [LO8-3, LO8-4] Feart Froducts Limited of Shenzhen, China, manufactures and distrbutes toys thioughout 50 uth Eut Ablainnee cubic centimeters (cc) of solvent H300 are required to manufacture each unit of supemix. ane of mhe companm shrocucts ine company is planning its raw materials needs for the third quarter, the quarter in which peak sales of supermilx occiun the keep producton and sales moving smoothly, the company has the following inventory requirements: a. The finished goods inventory on hand at the end of each month must equa 3,000 units of 54pe mmix plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 10.000 units b. The raw materials inventory on hand at the end of each month must equ a one thari of the rol owing monthis production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 54000 ad of solvent Ha00. c. The company maintains no work in process inventories. A monthly sales budget for Supermix for the third and fourth quaiters of whe year follows Requlred: 1. Prepare a production budget for Supermix for the months July. August. Septembewr. and October 3. Prepare a direct materials budget showing the quantity of solvent Ha0 to be purchused for July. Augu st. and September, and for the quarter in total. Answer is not complete. Complete this question by entering your answers in the tabs below: Prepare a production budget for Supermix for the months july, August, septemser, and october. Exerclse 8-10 (Static) Production and Dlrect Materlals Budgets [LO8-3, LO8-4] Feart Froducts Limited of Shenzhen, China, manufactures and distrbutes toys thioughout 50 uth Eut Ablainnee cubic centimeters (cc) of solvent H300 are required to manufacture each unit of supemix. ane of mhe companm shrocucts ine company is planning its raw materials needs for the third quarter, the quarter in which peak sales of supermilx occiun the keep producton and sales moving smoothly, the company has the following inventory requirements: a. The finished goods inventory on hand at the end of each month must equa 3,000 units of 54pe mmix plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 10.000 units b. The raw materials inventory on hand at the end of each month must equ a one thari of the rol owing monthis production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 54000 ad of solvent Ha00. c. The company maintains no work in process inventories. A monthly sales budget for Supermix for the third and fourth quaiters of whe year follows Requlred: 1. Prepare a production budget for Supermix for the months July. August. Septembewr. and October 3. Prepare a direct materials budget showing the quantity of solvent Ha0 to be purchused for July. Augu st. and September, and for the quarter in total. Answer is not complete. Complete this question by entering your answers in the tabs below: Prepare a production budget for Supermix for the months july, August, septemser, and october

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